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Net Income Per Common Share (Tables)
12 Months Ended
Jun. 29, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the computation of basic and diluted income per common share:
 
Year Ended
 
2018
 
2017
 
2016
 
(in millions, except per share data)
Net income
$
675

 
$
397

 
$
242

Weighted average shares outstanding:
 
 
 
 
 
Basic
297

 
288

 
239

Employee stock options, RSUs, PSUs and ESPP
10

 
8

 
3

Diluted
307

 
296

 
242

Income per common share
 
 
 
 
 
Basic
$
2.27

 
$
1.38

 
$
1.01

Diluted
$
2.20

 
$
1.34

 
$
1.00

Anti-dilutive potential common shares excluded(1)
2

 
3

 
5


 
 

(1) 
For purposes of computing diluted income per common share, certain potentially dilutive securities have been excluded from the calculation because their effect would have been anti-dilutive.